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33 Linen Decalon alternative State of Nature Sell Software Success (0.2) Moderate Success (0.4) Failure (0.4) Payoff 2000 3000 4000 Form Joint Venture Success (0.2)

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Linen Decalon alternative State of Nature Sell Software Success (0.2) Moderate Success (0.4) Failure (0.4) Payoff 2000 3000 4000 Form Joint Venture Success (0.2) Moderate Success (0.4) Failure (0.4) 1250 2400 2300 Sell Software on own Success (0.2) Moderate Success (0.4) Failure (0.4) 3400 1200 3320 Based on the above tree, what is the Expect Value for Form Joint Venture (second option)? Your

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